The story
Early days
Napatech was founded in January 2003 as a privately owned company by Jens Christophersen and Thomas Jørgensen, two Danish IT entrepreneurs who initially worked from an office at the Technical University of Denmark. They raised US$320,000 for prototype development of their first, programmable 10GbE accelerator. Christophersen and Jørgensen had identified a problem with the unprecedented growth of data, and their idea was that since Internet traffic roughly doubles every year, the hardware itself could not keep up with the rate of data growth. They also saw and understood the need for monitoring the performance of a network in order to enable the optimization of it and its applications.
Napatech, which is itself a combination of the words 'Napa Valley' and 'Technology', was growing rapidly in 2003, and by August the company had five employees. By the end of 2003, the company announced the industry's first 10G programmable Ethernet accelerator based on the Virtex-II Pro FPGA. Soon after, the company set out to conquer Silicon Valley and established their first office in Mountain View, California.
Acquisitions
In February 2006, the company agreed to buy the IP and business assets from Xyratex, a move which helped raise the profile of Napatech vis-à-vis programmable network accelerators. Napatech successfully integrated the Ethernet adapter business from Xyratex, subsequently generating US$4 million in revenue, while an additional US$5 million in new capital was raised from Northzone and Ferd Venture.
From Wikipedia’s article on Napatech, shared under CC BY-SA 4.0.4